Rollins, Inc. (NYSE:ROL) Shares Sold by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC lessened its holdings in shares of Rollins, Inc. (NYSE:ROL) by 11.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 8,937 shares of the business services provider’s stock after selling 1,156 shares during the period. Motley Fool Asset Management LLC’s holdings in Rollins were worth $390,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of ROL. Treasurer of the State of North Carolina raised its stake in shares of Rollins by 14.9% in the 3rd quarter. Treasurer of the State of North Carolina now owns 118,662 shares of the business services provider’s stock valued at $4,430,000 after purchasing an additional 15,393 shares in the last quarter. Caprock Group LLC bought a new position in Rollins during the 4th quarter worth approximately $1,617,000. Asset Management One Co. Ltd. grew its position in shares of Rollins by 17.7% in the 4th quarter. Asset Management One Co. Ltd. now owns 171,348 shares of the business services provider’s stock worth $7,498,000 after acquiring an additional 25,709 shares in the last quarter. Crown Oak Advisors LLC bought a new stake in shares of Rollins in the 4th quarter valued at approximately $9,547,000. Finally, Briaud Financial Planning Inc bought a new stake in shares of Rollins in the 3rd quarter valued at approximately $98,000. 51.79% of the stock is currently owned by hedge funds and other institutional investors.

Rollins Price Performance

NYSE ROL opened at $44.90 on Friday. The company has a 50-day moving average price of $44.54 and a two-hundred day moving average price of $42.11. The stock has a market cap of $21.76 billion, a price-to-earnings ratio of 50.45, a price-to-earnings-growth ratio of 3.48 and a beta of 0.63. The company has a current ratio of 0.72, a quick ratio of 0.65 and a debt-to-equity ratio of 0.44. Rollins, Inc. has a 52 week low of $32.19 and a 52 week high of $47.45.

Rollins (NYSE:ROL) last posted its earnings results on Wednesday, April 24th. The business services provider reported $0.20 EPS for the quarter, meeting the consensus estimate of $0.20. The firm had revenue of $748.35 million for the quarter, compared to analysts’ expectations of $739.12 million. Rollins had a return on equity of 37.73% and a net margin of 13.94%. The firm’s revenue was up 13.7% compared to the same quarter last year. During the same period last year, the firm earned $0.18 EPS. Analysts forecast that Rollins, Inc. will post 1 EPS for the current year.

Rollins Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Friday, May 10th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date of this dividend is Thursday, May 9th. Rollins’s dividend payout ratio is currently 67.42%.

Analysts Set New Price Targets

A number of equities analysts have commented on ROL shares. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a report on Thursday, February 15th. UBS Group restated a “neutral” rating and issued a $49.00 price target on shares of Rollins in a research report on Monday, April 15th. StockNews.com downgraded shares of Rollins from a “buy” rating to a “hold” rating in a research report on Thursday. The Goldman Sachs Group initiated coverage on Rollins in a report on Tuesday, January 2nd. They set a “buy” rating and a $49.00 target price for the company. Finally, Morgan Stanley raised their price target on Rollins from $42.00 to $43.00 and gave the stock an “equal weight” rating in a report on Friday. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $47.00.

Insider Buying and Selling

In other Rollins news, insider Elizabeth B. Chandler sold 10,000 shares of the business’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $41.05, for a total transaction of $410,500.00. Following the sale, the insider now directly owns 99,709 shares in the company, valued at approximately $4,093,054.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, insider Elizabeth B. Chandler sold 10,000 shares of the stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $41.05, for a total value of $410,500.00. Following the completion of the transaction, the insider now directly owns 99,709 shares in the company, valued at $4,093,054.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Kenneth D. Krause sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total value of $230,900.00. Following the sale, the chief financial officer now directly owns 99,078 shares in the company, valued at approximately $4,575,422.04. The disclosure for this sale can be found here. Insiders sold 22,824 shares of company stock valued at $994,558 over the last 90 days. 4.69% of the stock is currently owned by company insiders.

About Rollins

Rollins, Inc, through its subsidiaries, provides pest and wildlife control services to residential and commercial customers in the United States and internationally. The company offers pest control services to residential properties protecting from common pests, including rodents, insects, and wildlife.